CEO Says Salem Talking Over Sale Of Some Stations
November 8, 2007 at 5:47 AM (PT)
Is SALEM looking to sell some stations? Responding to analysts' questions at the company's post-earnings conference call WEDNESDAY, CEO ED ATSINGER said that the company is "actively engaged" in selling off underperforming stations, although he would not be specific about which stations might be on the block.
The company is also buying, as in the recent acquisition of WTPS-A/MIAMI from RADIO ONE, but ATSINGER's comment is the first indication that the company might have some properties available as well.